Civic Intelligence

Utah Jazz Foundation

EIN 86-2243993 • 501(c)3 • Salt Lake City, UT

Profile

Supporting important causes in our state, community, and nation as we work towards creating a better world.

1420 South 500 WestSalt Lake City, UT 84115

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

66th percentile

0.19x

Higher debt load relative to assets than 66% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

42nd percentile

0.04x

Higher debt load relative to revenue than 42% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

10th percentile

-32%

Higher net margin than 10% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

5th percentile

-33%

Faster asset growth than 5% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

14th percentile

-21%

Faster revenue growth than 14% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Assets

Down

$584,372

Down $1,391,620 (-70%) from 2023

Liabilities

Down

$111,472

Down $583,857 (-84%) from 2023

Net Assets

Down

$472,900

Down $807,763 (-63%) from 2023

Revenue

Down

$2,495,393

Down $1,087,626 (-30%) from 2023

Expenses

Down

$3,303,156

Down $303,931 (-8.4%) from 2023

Net Income

Down

-$807,763

Down $783,695 (-3256%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2021: $879,152Liabilities 2021: $0Net Assets 2021: $879,1522021Assets 2022: $1,308,864Liabilities 2022: $4,133Net Assets 2022: $1,304,7312022Assets 2023: $1,975,992Liabilities 2023: $695,329Net Assets 2023: $1,280,6632023Assets 2024: $584,372Liabilities 2024: $111,472Net Assets 2024: $472,9002024

Highlighted filing

2024

Assets$584,372
Liabilities$111,472
Net Assets$472,900

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$2.0M$0-$2.0MRevenue 2021: $1,644,424Expenses 2021: $765,272Net Income 2021: $879,1522021Revenue 2022: $3,984,712Expenses 2022: $3,559,133Net Income 2022: $425,5792022Revenue 2023: $3,583,019Expenses 2023: $3,607,087Net Income 2023: -$24,0682023Revenue 2024: $2,495,393Expenses 2024: $3,303,156Net Income 2024: -$807,7632024

Highlighted filing

2024

Revenue$2,495,393
Expenses$3,303,156
Net Income-$807,763

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 11, 2025
Return Version
2024v5.2
Gross Receipts
$2,495,393
Mission and Program Overview

Mission

Supporting important causes in our state, community, and nation as we work towards creating a better world.

Supporting important causes in our state, community, and nation as we work toward creating a better world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,936,742$539,518▼ $1,397,224
Rtn Earn Endowment Incm Other Fnds$1,280,663$472,900▼ $807,763
Pledges and Grants Receivable$39,250$30,550▼ $8,700
Accounts Receivable-$14,304-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,975,992$584,372▼ $1,391,620
Liabilities
Accounts Payable and Accrued Expenses$695,329$111,472▼ $583,857
Total Liabilities$695,329$111,472▼ $583,857
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,280,663$472,900▼ $807,763
Total Liabilities and Net Assets / Fund Balance$1,975,992$584,372▼ $1,391,620
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mike MaughanBoard President
Erin GoodsellCounsel
Jason WhiteTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,443,408
Program Service Revenue
$0
Investment Income
$51,985
Other Revenue
$0
All Other Contributions
$2,443,408
Change in Net Assets
$-807,763

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,495,393
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,495,393
Total Revenue per Form 990
$2,495,393
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,208,633
Other Expenses$94,523
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$3,208,633--$3,208,633
Conferences and Meetings-$50,110-$50,110
Other Expenses-$23,640-$23,640
Fees for Services Accounting-$12,075-$12,075
Fees for Services Management-$4,937-$4,937
Office Expenses-$3,761-$3,761
Total Functional Expenses$3,208,633$94,523$0$3,303,156

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,373,825
Expenses per Audited Statements$3,303,156
Total Expenses per Form 990$3,303,156
Expenses Not Reported on Form 990$70,669
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The 10000 Degrees GrantSan Rafael, CA501(c)(3)Provides Scholarships for Underserved Communities.$3,039,603
Crewe FoundationSalt Lake City, UT501(c)(3)Benefit and Positively Impact the Lives of Young People by Providing Educational and Vocational Opportunities Through the Game of Golf.$31,000
Chabad Lubacitch of UtahSalt Lake City, UT501(c)(3)OUTREACH FOR YOUNG ADULTS THROUGHOUT UTAH STRUGGLING WITH MENTAL HEALTH ADDICTION; TO GUIDE AND EMPOWER THEM IN FINDING MEANING AND PURPOSE IN THEIR LIVES.$25,000
Forever Young FoundationMesa, AZ501(c)(3)Passing on Hope and Resources for the Development, Strength, and Education of Children. Forever Young Serves Children in Utah Facing Significant Physical, Emotional, and Financial Challenges by Providing Them With Academic, Athletic, and Therapeutic Opportunities Currently Unavailable to Them.$25,000
Gantry FoundationHighland, UT501(c)(3)Support College Persistence and Career Readiness Among First-generation, Low-income Students.$25,000
Tony Finau FoundationLehi, UT501(c)(3)Empower and Inspire Youth and Their Families to Discover, Develop, and Achieve the Best of Their Gifts Through Education, Wellness, and Recreation.$25,000
Days of 47 Rodeo Salt LakeSalt Lake City, UT501(c)(3)To Promote Utah Heritage and Contribute to the Education of Utah Kids.$6,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 will be reviewed by all members of the board in advance of filing.

Form 990, Part VI, Section B, Line 12C

Utah jazz foundation routinely asks officers, directors, trustees, and key employees for disclosures and investigates any potential issues.

Form 990, Part VI, Section C, Line 19

The governing documents, conflicts of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Smith Entertainment Group Foundation
EIN
86-2243993
Phone
8013252741
Address
1420 SOUTH 500 WEST, SALT LAKE CITY, UT 84115

Signing Officer

Name
Jason White
Title
Treasurer
Phone
8013252741
Signed
2025-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ryan Smith
Formed
2021
Legal Domicile
Ut
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
10

Preparer

Firm
Kpmg Llp
Address
15 WEST SOUTH TEMPLE SUITE 1500, SALT LAKE CITY, UT 84101
Preparer
Brady Low
Phone
8013338000
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Management believes that the organization has appropriate support for any tax positions taken affecting its annual filing requirements and, as such, does not have any uncertain tax positions that are material to the financial statements. The organization would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred.

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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1BENEFIT AND POSITIVELY IMPACT THE LIVES OF YOUNG PEOPLE BY PROVIDING EDUCATIONAL AND VOCATIONAL OPPORTUNITIES THROUGH THE GAME OF GOLF.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2SUPPORT COLLEGE PERSISTENCE AND CAREER READINESS AMONG FIRST-GENERATION, LOW-INCOME STUDENTS.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3OUTREACH FOR YOUNG ADULTS THROUGHOUT UTAH STRUGGLING WITH MENTAL HEALTH ADDICTION; TO GUIDE AND EMPOWER THEM IN FINDING MEANING AND PURPOSE IN THEIR LIVES.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4PASSING ON HOPE AND RESOURCES FOR THE DEVELOPMENT, STRENGTH, AND EDUCATION OF CHILDREN. FOREVER YOUNG SERVES CHILDREN IN UTAH FACING SIGNIFICANT PHYSICAL, EMOTIONAL, AND FINANCIAL CHALLENGES BY PROVIDING THEM WITH ACADEMIC, ATHLETIC, AND THERAPEUTIC OPPORTUNITIES CURRENTLY UNAVAILABLE TO THEM.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5TO PROMOTE UTAH HERITAGE AND CONTRIBUTE TO THE EDUCATION OF UTAH KIDS.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6PROVIDES SCHOLARSHIPS FOR UNDERSERVED COMMUNITIES.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0TONY FINAU FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1CREWE FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2GANTRY FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3CHABAD LUBACITCH OF UTAH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4FOREVER YOUNG FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5DAYS OF 47 RODEO SALT LAKE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6THE 10000 DEGREES GRANT
IRS990ScheduleI/RecipientTable/RecipientEIN0472111415
IRS990ScheduleI/RecipientTable/RecipientEIN1824114033
IRS990ScheduleI/RecipientTable/RecipientEIN2862882596
IRS990ScheduleI/RecipientTable/RecipientEIN3870500798
IRS990ScheduleI/RecipientTable/RecipientEIN4870509354
IRS990ScheduleI/RecipientTable/RecipientEIN5465385652
IRS990ScheduleI/RecipientTable/RecipientEIN6953667812
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt096 E 920 S
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1650 S MAIN STREET STE 760
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt26484 WEST CARRICK WAY
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt31760 S 110 E
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt41424 S STAPLEY DRIVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt5201 SOUTH MAIN STREET 2000
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt61401 LOS GAMON DR SUITE 205
IRS990ScheduleI/RecipientTable/USAddress/CityNm0LEHI
IRS990ScheduleI/RecipientTable/USAddress/CityNm1SALT LAKE CITY
IRS990ScheduleI/RecipientTable/USAddress/CityNm2HIGHLAND
IRS990ScheduleI/RecipientTable/USAddress/CityNm3SALT LAKE CITY
IRS990ScheduleI/RecipientTable/USAddress/CityNm4MESA
IRS990ScheduleI/RecipientTable/USAddress/CityNm5SALT LAKE CITY
IRS990ScheduleI/RecipientTable/USAddress/CityNm6SAN RAFAEL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0UT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1UT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2UT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3UT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4AZ
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5UT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd084043
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd184101
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd284003
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd384105
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd485204
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd584111
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd694903
IRS990ScheduleI/Total501c3OrgCnt010
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 WILL BE REVIEWED BY ALL MEMBERS OF THE BOARD IN ADVANCE OF FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UTAH JAZZ FOUNDATION ROUTINELY ASKS OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES FOR DISCLOSURES AND INVESTIGATES ANY POTENTIAL ISSUES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0UT
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01975992
IRS990/TotalAssetsEOYAmt0584372
IRS990/TotalAssetsGrp/BOYAmt01975992
IRS990/TotalAssetsGrp/EOYAmt0584372
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02443408
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt094523
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03208633
IRS990/TotalFunctionalExpensesGrp/TotalAmt03303156
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0695329
IRS990/TotalLiabilitiesEOYAmt0111472
IRS990/TotalLiabilitiesGrp/BOYAmt0695329
IRS990/TotalLiabilitiesGrp/EOYAmt0111472
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01280663
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0472900
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt0113030
IRS990/TotalOtherProgSrvcGrantAmt0113030
IRS990/TotalProgramServiceExpensesAmt03208633
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt051985
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02495393
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01975992
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0584372
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01420 SOUTH 500 WEST
IRS990/USAddress/CityNm0SALT LAKE CITY
IRS990/USAddress/StateAbbreviationCd0UT
IRS990/USAddress/ZIPCd084115
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JASON WHITE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08013252741
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SMITH ENTERTAINMENT GROUP FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0SMIT
ReturnHeader/Filer/EIN0862243993
ReturnHeader/Filer/PhoneNum08013252741
ReturnHeader/Filer/USAddress/AddressLine1Txt01420 SOUTH 500 WEST
ReturnHeader/Filer/USAddress/CityNm0SALT LAKE CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0UT
ReturnHeader/Filer/USAddress/ZIPCd084115
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0135565207
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KPMG LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt015 WEST SOUTH TEMPLE SUITE 1500
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SALT LAKE CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0UT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd084101
ReturnHeader/PreparerPersonGrp/PhoneNum08013338000
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRADY LOW
ReturnHeader/ReturnTs02025-11-14T17:32:10-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31

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